节点：下游（终端消费/应用）位置：下游情绪：利好参考度：4/10
周二（1月13日）美股盘前，美国劳工统计局（BLS）公布2025年12月通胀数据，整体通胀率维持不变，核心指标年率低于预期。12月消费者价格指数（CPI）环比上涨0.3%，同比涨幅2.7%，均与市场预期一致；前两月数据因联邦政府停摆未发布。去年美国联邦政府遭遇史上最长停摆（10月1日至11月12日，持续43天），导致BLS无法收集部分调查数据且无法追溯。
12月食品价格环比上涨0.7%，同比上涨3.1%；鸡蛋价格环比下降8.2%，同比下降20.9%；能源价格环比上涨0.3%，同比上涨2.3%。剔除食品和能源后的核心CPI环比上涨0.2%，同比上涨2.3%，均较市场预期低0.1..
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